Davis Executes New Lease Agreements at Premier Office Space in Boston Financial District with Steppingstone Foundation, Inc and SageView Advisory Group
BOSTON, MA, November 12, 2024 – The Davis Companies (Davis) today announced the execution of two lease agreements at 200 High Street in Boston, MA, bringing the property to fully leased. The Steppingstone Foundation, Inc., (Steppingstone) signed a 10-year lease agreement to relocate their headquarters to the downtown site, and will occupy 11,425 SF of the second floor; SageView Advisory Group (SageView) signed a seven-year lease and will occupy the remaining 2,502 SF of the second floor.
200 High Street is a seven-storey, 96,393 SF office building conveniently located in Boston’s Financial District, steps from the Rose Kennedy Greenway. The building offers a recently renovated lobby and is ideally situated near interstate I-93, Rowes Wharf Ferry Service, the MBTA South Station Commuter Rail and MBTA Orange, Green, Red and Blue lines.
“Despite office leasing trends across the region, 200 High Street is now fully leased, a clear testament to the building’s updated amenities and prime location, optimally situated to attract top-tier talent and companies from a diverse range of industries,” said Duncan A.C. Gilkey, Senior Vice President & Director of Leasing at Davis. “We look forward to welcoming SageView and Steppingstone to the 200 High community and we are eager to support their growth and success in the space.”
Steppingstone, an educational nonprofit that prepares students from historically marginalized communities to access, navigate, and graduate from college, is relocating its headquarters from the South End. Previously a tenant of Davis at their former site, the decision to reengage with Davis is an opportunity for Steppingstone to leverage the existing relationship to better meet the needs of their staff and other stakeholders.
“We are looking forward to being in a Davis building again; not only did they make the negotiation easy, we appreciate their willingness to work with us to custom design our new space and manage the entire process. We are especially excited about 200 High Street’s location on the Rose Kennedy Greenway and its access to public transportation and the many attributes of the Finance District,” said Kerry Tavernese, Steppingstone’s Chief Finance & Operations Officer.
SageView, an independent Registered Investment Advisor that provides institutional retirement plan and wealth management consulting services, is relocating its Boston office from State Street.
“As we continue to enhance our footprint in the important Northeast market, SageView wanted an office in Boston designed to foster growth. The Davis-managed building at 200 High Street in the Financial District provides the right balance of location, amenities and support. We have been extremely pleased with Davis through the entire process, designing and constructing an office space that will further our ability to serve clients in the region and beyond,” said John Longley, CEO at SageView.
Current tenants of 200 High Street include Panera Bread, The Trustees of Reservation and The Boys and Girls Club of Boston. The diverse range of tenants at 200 High Street is a testament to the building’s ability to attract a broad range of clients, and Davis’ commitment to flexibility in support of growing tenants.
Kristin Blount and Lauren Vecchione of Colliers represented Steppingstone; Katie Bailey of JLL represented SageView; and Liam O’Conner and Debra Gould of Newmark represented the landlord in these agreements.